UPS United Parcel Service Weekly Chart Secular Signal 20 and 50 MA Cross

The fourth of Keystone's four secular market indicators has now signaled a SECULAR BEAR MARKET.

The UPS 20 week MA crossed down thru the 50 week MA, first time in over two years. The broad markets are now in a SECULAR BEAR MARKET. If there aren't any packages moving around the country, the recovery is dead. This is a major development. As the chart shows, the 20 MA is now one penny under the 50 MA, 70.26 versus 70.27, respectively.

Markets move in fits and starts in the short term but what these signals tell you is that the markets will continue to be weak for the foreseeable future, weeks, months, even perhaps a year or two; the intermediate and long term. Since the signals have just transitioned, it is reminiscent of the summer of 2010 where Chairman Bernanke stepped in with quantitiative easing. If the white night tries to save things again in the coming couple months, then that may salvage the situation again, if only for a little while. The positive effects of QE keep diminishing.

Thus, all four of Keystone's secular signals say SECULAR BEAR. Reference the Secular Turn page on this site for more information.

Keystone's SPX 150 Day MA Slope -- SECULAR BEAR MARKET
Keystone's NYA 40 Week MA Cross -- SECULAR BEAR MARKET
Keystone's UPS 20 and 50 Week MA Cross -- SECULAR BEAR MARKET
Keystone's SPX Monthly 12 MA Cross -- SECULAR BEAR MARKET